The report, entitled (Facing the Rising Challenges), stated that: Economic prospects The year 2025 for Yemen remains bleak due to the continuation of regional and internal conflicts, which threatens to exacerbate the crisis in the country in social and humanitarian terms.
But he stated that “if a permanent peace agreement is reached in… YemenThis may herald potential “peace dividends” that contribute to stimulating rapid economic recovery, which paves the way for Yemen to receive vital foreign aid, reconstruction, and implement the necessary reforms to stabilize the country and its economy.
The report, seen by Reuters, added that Yemen’s gross domestic product is expected to contract by one percent in 2024, after a two percent contraction in 2023.
He stressed that the continuation of the internal conflict for the tenth year in a row has pushed most Yemenis into clutches PovertyMeanwhile, food insecurity has reached unprecedented levels, with more than 60 percent of the population of about 35.6 million people suffering from difficulty obtaining enough food.
The report stated that the public finances of the internationally recognized government deteriorated significantly in the first half of 2024 due to the continued blockade imposed by the Houthis on oil exports, which led to a decline in Revenue The government’s finances were reduced by 42 percent, preventing it from providing basic services to the population.
